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Mill House Derringstone Downs Barham Canterbury CT4 6QE

South East

£475,000

Listed on 21/07/2026

Property details

Bedrooms
3
Type
Detached
Area
1798 sqft

Description

This historic three-bedroom property, originally established as a bakery in the 1830s, has been cherished by the same family since the 1950s. While it boasts an array of original period features that contribute to its character and charm, it now presents a valuable opportunity for refurbishment. The home is positioned within an idyllic village setting, offering expansive views over rolling countryside and vineyards. Although lovingly maintained over the years, some updates are needed to fully realize its potential as a comfortable modern residence. Additionally, the substantial flint walled barn on-site opens up exciting possibilities for conversion into additional living space or rental potential (subject to planning permissions). The property’s generous gardens are surrounded by mature hedging and colorful flower beds, creating a serene escape that enhances its investment allure. Complemented by two garages and ample off-road parking, this residence not only offers a unique slice of village life but also significant renovation prospects without any chain involved.

Investment analysis

(CT4 area)

Below Market Value

This property is priced -30.2% below area average per sq ft

-30.2%
Potential saving
This Property
£264/sq ft
Area Average
£378/sq ft
Avg Rent (weekly)
£384
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£748,202
10% above area average per sq ft
Potential ROI
+42.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (CT4)

Area prices are falling by -5.4% over the last 12 months
3 year growth: -8.2%
5 year growth: -2.4%
Investment Disclaimer: Analysis based on CT4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Mill House Derringstone Downs Barham Canterbury CT4 6QE
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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